Wilbur Ross

Wilbur Ross (28 November 1937-) was an American investor and banker who was nominated as Donald Trump's Secretary of Commerce on 30 November 2016.

Biography
Wilbur Ross was born on 28 November 1937 in Weehawken, New Jersey to a wealthy family, the son of a lawyer and a schoolteacher. Ross gained his Master of Business Administration from Harvard Business School, and he made money through steel, coal, telecommunications, foreign investments, and textiles, acquiring a net worth of around $150,000,000. Ross was known for taking advantage of struggling businesses and businesses that were in debt, using leveraged buyouts to incorporate small businesses into his multi-million-dollar empire. On 30 November 2016, President-elect Donald Trump nominated him for the cabinet position of Secretary of Commerce.